Savings Calculators

RD Calculator

Calculate the maturity value of a monthly Recurring Deposit with quarterly compounding.

About the calculator

What is the RD Calculator?

The RD Calculator is a free online tool that helps you make informed decisions about your money. Enter your numbers and the calculator gives you instant, accurate results.

Use it to compare scenarios, plan goals and validate assumptions — all without signing up.

Formula used
  • RD Maturity
    Σ for each month: P × (1 + r/4)^(months remaining / 3)

Why use the RD Calculator?

Financial planning works only when it's specific. The RD Calculator converts assumptions into concrete numbers — so you can choose between scenarios with confidence rather than guesswork.

How it helps

By tweaking inputs and instantly seeing the impact, you build intuition for how the underlying variables interact. This is far more useful than abstract formulas alone.

What to remember

Calculators show possible outcomes based on the assumptions you provide. Real-world results may vary; review your plan periodically and adjust as your income, goals and circumstances evolve.

Frequently Asked Questions

Recurring Deposit — monthly fixed deposits that compound quarterly.
Yes, interest is taxable at slab; TDS applies above ₹40,000/year.
Usually with a small penalty.
Typically ₹100/month at most banks.
RD suits salaried savings; FD is for lumpsum.
Yes — typically 0.25–0.5% extra interest.

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